Phillip W. Magness

U.S. Economic & Political History

In Memoriam, Gordon Tullock

| November 4, 2014

This evening brings word of the passing of the brilliant and witty economist Gordon Tullock. Though his contributions were many and spanned over half a century, the best known and perhaps most consequential came in the form of a 1967 article in the then-obscure Western Economic Journal which first posited and formalized the theory that became known as rent seeking. His […]